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Prestige Summit
By PRESTIGE EXORA BUSINESS PARKS LIMITED
RG-KA-31314 · RERA PRM/KA/RERA/1251/309/PR/171023/006339 · Last updated on RERA Karnataka portal: 16 Oct 2023
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
Prestige Summit is a Commercial project by PRESTIGE EXORA BUSINESS PARKS LIMITED in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/171023/006339 on 17 Oct 2023. Possession is promised by 10 Feb 2023.
At a glance
Project
- NamePrestige Summit
- TypeCommercial
- Location
- Bengaluru North
- Bengaluru Urban
- 560042
- Pincode560042
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/309/PR/171023/006339
- ReraGenie IDRG-KA-31314
Builder
- NamePRESTIGE EXORA BUSINESS PARKS LIMITED
- Entity typeCompany
- CINU72900KA2003PLC032050
- GSTIN29AABCE1976H1ZG
- Authorized SignatorySwaroop Anish
- CmdIrfan Razack
- DirectorsZAYD NOAMAN, UZMA IRFAN
- Project HeadK B SRINIVASU
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on17 Oct 2023
- Promised completion10 Feb 2023
- Revised completionNone
- Buildings1 building record
- Documents filed79 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Tower 1 | - | - | - | 0 | 15 | 15 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 16 Oct 2023, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
Building:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Upto Plinth Level | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| Retaining wall (All types) | - |
| RCC or MS Framed structure | - |
| Masonry Construction | - |
| Plastering inside , outside & Ceiling | - |
| Joinery: Doors, Windows, Ventilators etc | - |
| Basic work of Water supply, Sanitary and Electrification | - |
| Dadoing, Skirting, Flooring, Tiles work (All types) | - |
| Railing and Grill fixing | - |
| Electrification, Water supply and Sanitary Finishing | - |
| Painting | - |
| Fire prevention and fire fighting fitting and fixture with network | - |
| Weather Proof work(tile,concrete) | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | - |
| Internal and External work including landscapes as per sanctioned drawings | - |
Progress on shared amenities40
As on 16 Oct 2023, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Sewage and Drainage System | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Energy management | Yes | - |
| Fire protection and fire safety requirements | Yes | - |
| Solid waste management and disposal | Yes | - |
| Emergency Evacuation services | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | Yes | - |
| Sewage Treatment Plant (STP) | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | Yes | - |
| Piped Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning | Yes | - |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Corridor/Lobbies | Yes | - |
| Fire escapes | Yes | - |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas | Yes | - |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | Yes | - |
| Common storage spaces | No | Not applicable |
Land and ownership1
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Karthik Nahender | - | - |
Project account and cost
70 percent of buyer money must sit in the project account, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 41.95 cr | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 14.03 cr | - |
| On-site expenditure-Site Overhead | Rs 7.92 cr | - |
| On-site expenditure-Consultants Fees | Rs 69.21 lakh | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Zachariah Consultants |
| Engineer | N.N.NAGENDRA KUMAR |
| Chartered Accountant | M Padmanabha Bhat |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed79
As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/309/PR/171023/006339 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Uzma Irfan ITV V 2022-23File: UI ITRV V 2022-23.pdf | 16 Oct 2023 |
| Zaid Noaman ITV V 2022-23File: ZN ITR V 2022-23.pdf | 16 Oct 2023 |
| Source of fundFile: Source of Fund.pdf | 16 Oct 2023 |
| Form 4File: Form 4 Summit CA Certficte.pdf | 16 Oct 2023 |
| Form 5File: Form 5 Summit Architect Certficate.pdf | 16 Oct 2023 |
| Form 6File: Form 6 Summit Engineer Certficte.pdf | 16 Oct 2023 |
| Completion certificate by ArchitectFile: Completion certificate.pdf | 16 Oct 2023 |
| profit and loss account and balance sheet 2020-21File: FS 31 Mar 2021.pdf | 19 Sep 2023 |
| profit and loss account and balance sheet 2021-22File: FS 31 Mar 2022.pdf | 19 Sep 2023 |
| profit and loss account and balance sheet 2022-23File: FS 31 Mar 2023.pdf | 19 Sep 2023 |
| PAN Self AttestedFile: PAN.pdf | 19 Sep 2023 |
| Source of fundFile: Source of Fund.pdf | 19 Sep 2023 |
| Bank PassbookFile: Bank Passbook.pdf | 19 Sep 2023 |
| EC from 1-4-2007 to 31-13-2019File: EC Summit.pdf | 19 Sep 2023 |
| Title deed of the land ownerFile: Partition 1985.pdf | 19 Sep 2023 |
| Notarized non litigation affidavitFile: No litigation Affidavit.pdf | 19 Sep 2023 |
| Form -B affidavitFile: Form B Affidavit.pdf | 19 Sep 2023 |
| JA cum AFFIDAVITFile: Affidavit cum declaration.pdf | 19 Sep 2023 |
| Advocate search reportFile: Advocate Search Report.pdf | 19 Sep 2023 |
| latest katha extractFile: Khatha 2020.pdf | 19 Sep 2023 |
| Proforma of Agreement for saleFile: Final Draft unit sale AGS - PG 21032023.pdf | 19 Sep 2023 |
| Proforma of Allotment letterFile: Allotment Letter DRAFT for RERA Prestige Summit.pdf | 19 Sep 2023 |
| Certified Carpet area calculationFile: Final_Signed Area Statement-2.pdf | 19 Sep 2023 |
| CDP map showing the proposed siteFile: 02_CDP.jpg | 19 Sep 2023 |
| village map showing the proposed siteFile: 02_CDP.jpg | 19 Sep 2023 |
| commencement certificate.File: COMMENCEMENT CERTIFICATE.pdf | 19 Sep 2023 |
| Renewed KSPCB CFEFile: KSPCB - CFE.pdf | 19 Sep 2023 |
| Building LicenseFile: BBMP - LICENCE.pdf | 19 Sep 2023 |
| all renewed sanctioned drawings Floor plans, sectional drawings and elevations.File: Plan Sanction.pdf | 19 Sep 2023 |
| Bescom fee receipt and Service connection certificate.File: 23-CEIG Approval.pdf | 19 Sep 2023 |
| BWSSB Work OrderFile: BWSSB - WORK ORDER.pdf | 19 Sep 2023 |
| Engineer indicating the structural safetyFile: Stability Certificate_11May2022.jpg | 19 Sep 2023 |
| Form-6 Engineer certificate for the completed projectFile: Completion certificate.pdf | 19 Sep 2023 |
| OC issued by the BBMPFile: OCCUPANCY CERTIFICATE.pdf | 19 Sep 2023 |
| STP design drawingFile: Summit - STP.pdf | 19 Sep 2023 |
| land cost calculation sheet as per the guidance value(self-attested copy)File: Gauidence Value.pdf | 19 Sep 2023 |
| Registration CertificateFile: Prestige Exora - COI certificates.pdf | - |
| Organization StructureFile: Org Chart.pdf | - |
| Certificate issued by CA Form 1File: CA Certificate Form 1 Prestige Summit.pdf | - |
| Certificate issued by Architect Form 2File: Architech Certificate Form 2 Prestige Summit.PDF | - |
| Certificate issued by Engineer Form 3File: Engineer Certificate Form 3 Prestige Summit.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| Certificate from Chartered AccountFile: CA Certificate Form 1 Prestige Summit.pdf | - |
| Balance Sheet 2021 - 2022File: BS Exora 23.pdf | - |
| Balance Sheet 2020 - 2021File: BS Exora 22.pdf | - |
| Balance Sheet 2019 - 2020File: BS Exora 21.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: PL Exora 23.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: PL Exora 22.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: PL Exora 21.pdf | - |
| Cash Flow Statement 2021 - 2022File: CFS Exora 23.pdf | - |
| Cash Flow Statement 2020 - 2021File: CFS Exora 22.pdf | - |
| Auditor's Report 2021 - 2022File: AR Exrora 23.pdf | - |
| Auditor's Report 2020 - 2021File: AR Exora 22.pdf | - |
| Auditor's Report 2019 - 2020File: AR Exora 21.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: ITR V 2021-22.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: ITR V 2020-21.pdf | - |
| BESCOM NOC | - |
| SITE PLAN | - |
| SITE PLAN | - |
| SITE PLAN | - |
| SECTION A A & ELEVATION | - |
| SECTION A A & ELEVATION | - |
| SITE PLAN | - |
| Prestige Summit_compressed (1) | - |
| BESCOM NOC | - |
| FIRE NOCcompressed | - |
| HAL NOC | - |
| KSPCB - CFE | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Occupancy CertificateFile: OCCUPANCY CERTIFICATE.pdf | - |
| Affidavit cum declaration from promoter for having completed the project as per specification and as per adverFile: 20240715194813927 (1).pdf | - |
| ThanksFile: OCCUPANCY CERTIFICATE.pdf | - |
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Builder: PRESTIGE EXORA BUSINESS PARKS LIMITED
PRESTIGE EXORA BUSINESS PARKS LIMITED has 1 registration on RERA Karnataka, including Prestige Summit. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if Prestige Summit is delayed beyond 10 Feb 2023?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, at the rate the state's RERA rules prescribe, or exit and claim a full refund with interest. Claims are filed as complaints with RERA Karnataka.
How do I verify and contact the developer of Prestige Summit?
The registered promoter entity is PRESTIGE EXORA BUSINESS PARKS LIMITED, a company as per the filing. Its CIN U72900KA2003PLC032050 and GSTIN 29AABCE1976H1ZG can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's RERA Karnataka listing and in its filed documents.
Is my payment protected in Prestige Summit?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
Who certifies construction progress at Prestige Summit?
The professionals named in the filing: Architect: Zachariah Consultants; Engineer: N.N.NAGENDRA KUMAR; Chartered Accountant: M Padmanabha Bhat. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in Prestige Summit?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area; that the agreement follows the model agreement under the state's RERA rules, with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on RERA Karnataka, and we read every report.
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